Management Accountant Geophysical / Geological Services Permanent in South West London, United Kingdom

at Working Smart Limited
Location South West London, United Kingdom
Date Posted August 7, 2019
Category Geologist
Job Type Permanent


South West LondonPermanentJob Overview: A Geophysical and Geological Services Company seeks a Management Accountant to join their Financial Team and perform day-to-day financial tasks, support project finance and manage the transition of external services to internal. This role is ideal for someone who has an accountancy qualification (ACA or equivalent) or in the process of obtaining one, combined with demonstrable work experience, some of which is in the Oil and Gas industry. The key to this role is the ability to deliver the day-to-day financial tasks and the ambition to grow and develop with the Company taking on more financial management activities. Training and guidance will be provided in the preparation, control and reporting requirements and in the systems used. This is a great opportunity to enhance your skills working for a highly respected and expanding geophysical company, offering flexible hours and a healthy work/life balance.

This established Company provides services that support Oil & Gas clients and governments, devise effective exploration strategies. The Company acquires Multi-Client offshore in areas where there is potential oil or gas. They manage how this data is acquired (i.e. the survey) and how it is processed and interpreted and produce detailed evaluation reports of potential oil or gas in a specific region. They then market/ promote this data and associated reports.

These services are delivered on an exclusive or non-exclusive basis, by bringing together financial partners, and/or by financing directly any part of the investment. With the guidance of the Client’s experts, they design the technical parameters and the contractual framework to optimise budget, planning and quality. The successful candidate will assist in providing financials for all aspects of the project.

The Company has in the past outsourced some of their financial activities in the UK and in Norway and are now committed to transferring these back in-house due to the need for tighter reporting deadlines to management. You will work closely with these current service providers and manage this transition.

The Company operates internationally with offices in the UK, Norway, US, and Africa. Their UK office is based in a picturesque market town in SW London – 30 minutes direct commute from Waterloo station.

The Company operate flexible working hours based on trust and goodwill, provide a relaxed and friendly culture, and the management team are committed to promoting a healthy work/life balance.

Responsibilities Reporting to CFO this role encompasses many functions including:
Be proactive in understanding all aspects of the business.
Play a key role in supporting the CFO and the Corporate Services Manager.
Become familiar with the Company’s financial systems, practices and processes.
Manage all day to day financial affairs including:
Day to day bookkeeping (using Xero accounting software, ReceiptBank and ApprovalMax), correct coding and distribution of purchase invoices for approval.
Preparation of UK monthly payroll
Preparation and completion of VAT Returns for both the UK based company and the Norwegian entity.
Submission of reports to HMRC and other Government departments in accordance with deadlines.
Preparation and completion of quarterly reporting in accordance with IFRS, in particular the calculation of amortisation and impairment values per project.
Completion of monthly Balance Sheet, Income Statement reconciliations and monthly inter-company billings
Provide financial support to the Multi-Client Project teams
Work closely with auditors and local tax advisors worldwide.
Support the transition of financial services back to the UK office
Liaise closely with the current service providers in UK and Norway
Devise a Transition Plan - manage, monitor and control the migration of services.
Maintain effective reporting mechanisms for internal management and all stakeholders throughout.
Ensure that all data/information is migrated in a safe, timely and effective manner.
Evaluate and recommend new systems or processes that will add value to financial services.
Provide financial reports to all stakeholders across the Company as required in a professional and timely manner.
This is a great opportunity to join a dynamic and growing geophysical multi-client company that is transitioning some of their financial deliverables in-house. With an accounting background, you will have the opportunity to influence and direct this financial services transition and continue to grow the financial support services.
Preferences The successful candidate will have:
An accounting qualification (ACA or equivalent) or in the process of obtaining one essential.
Sound day-to-day accounting essential - monthly payroll, VAT, reporting etc.
A minimum of 3 years’ experience undertaking day-to-day financial activities.
Some oil and gas industry essential – must have an understanding of financial considerations, practices and regulations involved in oil company operations and the understanding of oil and gas terminology is key.
Knowledge of Norwegian accounting fundamentals (operations, regulations/compliance, controls...) desired.
Experience using Xero software or similar financial package (cloud based) highly desired – full training provided.
Experience using ReceiptBank (receipt OCR scanning system) or similar highly desired – full training provided
Experience using ApprovalMax (payment authorisation system) or similar highly desired – full training provided
Experience in the advanced manipulation of data using MS Excel essential due to the need to report in USD converting from various worldwide currencies.
Previous experience in the preparation of management reports advantageous
Experience in liaising and reporting with external service providers is desired.
Experience using cloud based financial accounting solutions desired.
Ability to build and sustain relationships at all levels within the Company, with service providers, auditors and tax advisors - gaining respect, engagement and commitment to ideas and proposals.
Strong interpersonal skills with the ability to articulate ideas coherently essential.
Diplomatic but assertive – manage the service transition process ensuring that the Company achieve the required objectives.
Strong appreciation of stakeholder management - be professional and timely in reporting all financial related matters.
Confident, enthusiastic and persuasive with the drive and commitment for success.
Other Information Package: A Competitive Base Salary is on offer dependent on skills and experience and accounting qualification. Plus, a performance related Bonus, Share option scheme, flexible working hours and a friendly relaxed culture.


To apply for this job:

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PS. Your Cover Letter in support of your application, should outline a) why you feel you may be particularly suited to this position (i.e. relevant skills/experience and education) b) your availability and c) your salary expectations.

WSL Site
To apply for this job:

1) Please review your registration and ensure it is current.
2) Please make sure you upload your CV and submit a Cover Letter. Your Cover Letter in support of your application, should outline a) why you feel you may be particularly suited to this position (i.e. relevant skills/experience and education) b) your availability and c) your salary expectations.

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